On Friday, Baker Hughes Incorporated (NYSE:BHI) saw two of its insiders complete stock dispositions. The talk is of Senior Vice President and Chief Financial Officer, Peter Ragauss, who unloaded 10,000 shares of Common Stock, $1.00 Par Value. The sale was executed directly and for a price of $68.30 per share. This is one of many transactions completed by the insider throughout the fiscal year, as he sold 10,000 shares of stock at the beginning of July for $74.65 per share. Following the latest sale, Ragauss now holds a total of 50,583 company shares.
The second insider to unload shares on Friday was Martin Craighead, Chairman and Chief Executive Officer at Baker Hughes. The insider disposed of 8,000 shares in Common Stock, $1.00 Par Value, for the same price as his fellow company employee. The CEO also completed a large stock disposition in July, where he unloaded 65,634 shares of stock for prices ranging between $73.00 and $73.61 per share. Following Friday’s sale, Craighead holds 136,388 company shares to his name.